Multiple Choice
The agency of a foreign bank is a more restrictive form of operation than a foreign branch because
A) the agency can raise funds only in the wholesale and money markets.
B) the agency can accept retail deposits.
C) the foreign branch can accept retail deposits.
D) the agency can raise funds only in the wholesale and money markets and a foreign branch can accept retail deposits.
Correct Answer:
Verified
Correct Answer:
Verified
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